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U.S. Securities and Exchange Commission

Muddy Waters, whose analyst reports triggered US$7 billion in losses for mainland Chinese stocks, used an unlikely secret weapon for its research: the public website of the United States Securities and Exchange Commission.

China MediaExpress (CME), which obtained a US listing without an initial public offering by buying a listed firm, was a fraudulent enterprise, a Hong Kong arbitration panel ruled, awarding Starr International as much as US$77 million in damages.

Regulators in the United States have potentially jeopardised the listing of more than 100 stocks from the world's most populous nation, in a move to sanction auditors for blocking investigations at companies based in China.

Billionaire Zhang Zhirong is at the centre of a probe involving China's biggest overseas acquisition.

A company controlled by the 43-year-old mainland-born entrepreneur who founded Hong Kong-listed shipbuilder China Rongsheng Heavy Industries is the subject of an insider-trading complaint filed by the US Securities and Exchange Commission.

Knowledge is power. That is especially true when it comes to investing in initial public offerings. On July 8 in the SCMP, columnist Jake van der Kamp argued that retail investors seem to be getting too little of it - or rather that information on IPO issuers is being made available to the public too late in the process ('SFC appears to be in la-la land over listing documents').

A Legco report has laid some of the blame for the Lehman Brothers minibond fiasco at the door of the city's officials, principally former Hong Kong Monetary Authority chief Joseph Yam Chi-kwong. Their defenders have cried foul, with one saying Yam should not take the blame for the global financial crisis.

A judge yesterday referred Far East Holdings, the listed company backed by the family of tycoon Deacon Chiu Te-ken, to the securities watchdog over what he termed poor and sloppy governance after acquitting former managing director Duncan Chiu and two other senior staff of stealing HK$61 million from it.

Retail investors often rush to buy stocks or invest in financial instruments without proper research. Strategists say it is imperative that retail investors know about the products or stocks they are buying. Research by a regional bank proves this point.

China is planning tougher stock market regulations that will make it easier to delist companies and cool speculation in initial public offerings.

Both the Shanghai and Shenzhen stock exchanges said that they planned to widen the criteria for delisting companies to protect investors from companies that are not open about their financial position.

Operators of the world's 50 largest stock exchanges are working together to call for regulatory change to combat off-market trades in large blocks of shares held in so-called dark pools because they are concealed from scrutiny.

Operators of the world's 50 largest stock exchanges are working together to call for regulatory change to combat off-market trades in large blocks of shares held in so-called dark pools because they are concealed from public scrutiny.

Beijing will expand a trial scheme for margin trading and short selling by establishing a third-party company that offers intermediary services for brokerages to borrow cash and equities from other institutions.